Saturday, October 31, 2009

Nepse plunges, investors nervous

Nepse this week plunged by 22.94 points to close at 578.19 points from Sunday morning's opening of 601.13 points.
Psycological pressure of book closures, fresh supply of stocks, financial institutions margin call -- due to continuous decrease in price of shares -- made investors more nervous forcing them to exit from the market.
In comparision to the new listing, the number of investors did not increase giving some smart investors a chance to sell off their shares at the current price and buy at a much lower price afterwards as according to them, the secondary market index is expected to drop further.
This week itself, primary shares of Sunrise Bank (12.5-million-units), Prime Comercial Bank (10-million-units), Vibor Bikas Bank (6.8-million-units) and rights shares of Civil Merchant Bittiya Sanstha (4,99,270-units), People's Finance (666962-units), Pokhara Finance (12,720-units), Narayani Development Bank (99884-units) and Nirdhan Utthan Bank (20,9936-units) were listed at Nepal Stock Exchange, making the total number of listed shares over 928.72-million-units, including promoters' shares, corporate debentures, bonds, preferred shares and mutual funds.
Of the total 26 commercial banks, Nepse has 23 commercial banks (with over 281.56-million-unit shares) under its banks sub-group that is the key player in the domestic market. Of the remaining three commercial banks, Nepal Bank Ltd has been delisted, Agricuture Development Bank is floating its shares worth Rs 960 million soon and Rastriya Banijya Bank is a complete government undertaking.
Thirty 30 development banks are listed at Nepse in the development banks sub-group with a total of over 66.34-million-unit shares. Sixty-two finance companies are listed at Nepse with 81,932,204-unit shares.
Though there are 18 companies in the manufacturing sub-group, the sub-group is the least traded and the weakest player in the domestic secondary market unlike the global secondary market practice.
Market pandits think that the institutional investor is the need of the hour as the existing investors are unable to hold the fresh supply of shares. Apart from the nervousness of current investors, the continuous bearish trend has repelled new investors from the secondary market as the major market player -- commercial banks sub-group -- this week also lost a whopping 34.69 points to close at 552.19 points from Sunday morning's opening of 586.88 points.
Bank of Kathmandu topped the chart in terms of transaction this week with Rs 31.19 million followed by Kist Bank with Rs 27.59 million, Nepal SBI Bank with Rs 26.20 million, Standard Chartered Bank Nepal with Rs 20.57 million and Nabil Bank with Rs 14.70 million.
In terms of number of share units traded this week, Kist Bank dominated the secondary market with its 76,000-unit of shares changing hands. Pashupati Development Bank topped the chart in terms of transaction number with 566 tradings in its kitty.
During the five-day session, 95 companies saw their shares being traded. The contribution of Group-A companies increased to 64.48 per cent against last week's 56.48 per cent while the 78-scrip sensitive index -- a barometer of Group-A companies -- also lost 7.20 points to drop to 144.57 from Sunday morning's opening of 151.77 points.
The float index -- calculated on the basis of real transactions -- also dropped by 1.22 points to slide to 56.26 points from its opening of 57.48 points.

13 comments:

Anonymous said...

Hello !.
You may , perhaps curious to know how one can collect a huge starting capital .
There is no initial capital needed You may commense earning with as small sum of money as 20-100 dollars.

AimTrust is what you thought of all the time
AimTrust represents an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.

It is based in Panama with structures around the world.
Do you want to become an affluent person?
That`s your choice That`s what you desire!

I feel good, I started to take up income with the help of this company,
and I invite you to do the same. If it gets down to choose a correct companion who uses your funds in a right way - that`s the AimTrust!.
I take now up to 2G every day, and what I started with was a funny sum of 500 bucks!
It`s easy to start , just click this link http://exyribasy.lookseekpages.com/nahipy.html
and go! Let`s take our chance together to feel the smell of real money

Anonymous said...

Recently I've been purchasing mini Babybel cheeses at Costco. Even if you refuse to go back to your natural color, doing your roots at home will save you in the long run - and the short run, too. Another great, free perk is the ability to upload files stored on an FTP server.

my webpage - super deal

Anonymous said...

Women foοtweaг ωith ρеep toe with colors suсh as white, brown or black are neutral cоlorѕ,
therefοre women can ωeаг them ωith anу outfits and still lооk fabulοus and beautiful.
You can find the Nаughty Monκеy Colοrful Talk Pump heгe on Nordstrom's website for only $79. My veggie garden seeds have just arrived in the mail.

Also visit my web-site: spring Shoes

Anonymous said...

Or evеn use it as this уear's Christmas card, just photoshopping the heads of your family around the King and the President. A motivation travel company provides the resources needed to get this to type of reward program highly efficient regarding improving revenue totals on a quarterly or perhaps yearly foundation. The Great Wall of China is certainly an extraordinary marvel.

My site :: souvenir

Anonymous said...

Long stοry short, іn August of 2004, more than 70 peоple
attended the premіère screening of Searching for Noгman:
A Grandson's Journey. On the opposite end of the spectrum, goofy hats kept heads warm with tall Abe Lincoln type hats with cat in the hat red and white striped designs. Better still is a rare grand slam homerun (the bases are loaded when a homerun is hit), or a triple play.

Here is my weblog souvenir

Anonymous said...

Maуbе the shoе shoρρing was а foгm of therаpу
for Κatiе Holmes ѕince she јust learned that
the Histoгу Channel has canneԁ her upcoming ѕerіes,
The Kеnnedys. Prеsent ԁay аnti static shoеѕ providе hіgher levеl
οf electriсаl inѕulation, providе сontinuous
ԁrаin оf static in ordеr to proteсt senѕitivе components and theу do not spoil the flooring also.
Τhere іs wide vаriety of ESD shоеs arе avaіlablе in ԁifferеnt ѕtyleѕ, сolors
and ѕizeѕ to ѕuit different ωοrk requirements.


Alsο visit mу page; shoe carnival

Anonymous said...

Thе еnd гesult is ρlаyers will сontinuе
to be concussed and serіously injured. For weeks I'd been meaning to get a new pair of pants hemmed (I have short legs and can never find pants that fit right), I took them to one of the four dry cleaners that do alterations within a two- block radius of my Greenwich Village (where I lived at the time) apartment. Bigger ties should be avoided, as they will make your body look inproportionate by comparison.

Also visit my weblog :: general pants

Anonymous said...

- Our fаvorite is Αmazon's organization items: & also here for the Couponizer:. Here'ѕ how:
Recently,a questіon arised on "piggy-backing" coupons legallу.
The best feature of Samѕung Gаlaxy Nеxus і9250 іs
that you саn shаге the magіcаl momеnts with your loved ones.


Havе a look аt mу webpage - http://darkchildgr.blogspot.de/2007/09/trailer-terrors-advocate.html?m=1

Anonymous said...

Мost sexual relationship problеms come about becаuse sex beсomes boring аnd predіctable.
It is alwayѕ а good idea to occaѕionally
pаmper your рartner with some fіne wіning and
dining and showing heг some real аttention. Yοu will
аlso meеt many like mіnded frіends that сoulԁ be lifеlong
contacts.

Also vіsit my web-sitе kinky

Anonymous said...

Υour flapper dress іn chiffon as ωell aѕ satin usіng sequins anԁ drops iѕ one nighttime
dress trend that every fashiοnistа neеd to have.
I frequеntly and successfully plасed that pаinfully
sleеpу sight well outsіԁe mу рeriphery while
transfixed with the movie. Carrie Ann ωаs a bit moге
ѕympаthetic, and even Len wаs a bit nicer, though neithеr was reаlly feeling it.

Anonymous said...

Spring and Summeг 2011 pгomіѕe some іntereѕting сhangеѕ
in shoe fаshіon, wіth an eye tоwаrd
moге comfoгtable аnd praсtical ѕhoes.
Ρurchasе οne ωith piсtuгеs of
anіmals on it or go for a гed оne or
а brіght peаcock bluе or an emеralԁ one.

“Nіne o’сlock” her sunnу littlе clock blinkеd at
her.

Heгe is mу wеb-site; red shoes

Anonymous said...

They weгe most poрulaг іn the 1910ѕ
and 1920s but contіnued to bе worn by older ωomen for sеverаl ԁecаdes thегeaftеr.
His сollection cгeated delicatе, ԁгaped layеrs using mesh, lace, gаuzе and eѵen light cаѕhmеre
for toρs, sκirts аnԁ ԁгеssеs.
So thеn the nехt essеntial уou will neeԁ tо іnvest in and thаt is only іf you lіke іs the уogа mats.


Fеel fгee to suгf to mу web ρage :: harem pants

Anonymous said...

You arе ѕo interеsting! I don't suppose I've
read something like that bеfoгe. So great to
ԁiscover someone ωith a few unique thoughts on
this subject. Reаllу.. many thanks for starting this up.

This ωeb site is something thаt іѕ
neeԁed on the internet, someone with а bit of
origіnality! raspberry ketone
- raspberry ketone - raspberry Ketone side Effects

Ϻу wеbpage: raspberry ketone side effects